Is Leesport, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leesport is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Leesport has remained a Seller's Market.

Key Takeaway

Leesport is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Leesport, PA

How much do homes in Leesport, PA cost?

Median Sold Price

$359,900

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,849(+4.9%)

Key Takeaway

Homes in Leesport have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Leesport was $359,900 in November 2024, up 4.9% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $220K$247.4K
+12.5%
3 $329.1K$355.4K
+8.0%
4 $390K$360K
-7.7%
5+ $440K$540K
+22.7%

Summary: Leesport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 22.7%.

Median Sold Price Compared To Nearby Cities

Ontelaunee Township
+7.2%
Leesport
+4.9%
Bern Township
+0.7%

Housing Supply in Leesport, PA

How many homes are available in Leesport, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3624-33.3%

Summary: The Leesport real estate market had 24 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2413
-45.8%
4 77
0.0%
5+ 21
-50.0%

Summary: The Leesport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 45.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leesport, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Leesport in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 0% were sold under asking, 38% were sold at asking, and 63% were sold over asking.

Days on Market for Leesport, PA

How long does it take to sell a home in Leesport, PA?

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days23 Days+31.0%

Summary: Homes in Leesport had an average of 23 days on market in Nov 2024, up by 31% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Leesport are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in Leesport; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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